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Nathan's Famous, Inc. Reports Sale of NF Roasters Corp.
Nathan's Famous, Inc. (Nasdaq Symbol: NATH), announced the sale of its subsidiary, NF Roasters Corp., to Roasters Asia Pacific (Cayman) Limited, its Master Developer of franchised Kenny Rogers Roasters restaurants in Malaysia and certain other foreign territories. The purchase price was approximately $4,000,000 in cash plus certain accruals.
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Real Mex Restaurants Introduces Sinigual Contemporary Mexican Cuisine to Beverly Hills
El Torito Grill, with a fusion of traditional and innovative Mexican cuisine and hospitality, announced the conversion of its Beverly Hills location to Sinigual Contemporary Mexican Cuisine.
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Max & Erma's Restaurants, Inc. To Be Acquired by G&R Acquisition, Inc.
Max & Erma's Restaurants, Inc. (NASDAQ/Capital Market: MAXE) announced the signing of a definitive agreement with G&R Acquisition, Inc. (G&R), an entity formed by Gary Reinert, Sr. of Pittsburgh, Pennsylvania. Under the terms of the agreement, G&R will acquire all of the outstanding shares of the Company for $4.00 per share in cash.
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Quality Restaurant Ventures Moving Three Brands Forward - Sobik's Claims Position as Orlando's Original Sub Chain
Quality Restaurant Ventures Inc. (OTC Pink Sheets: QRVS) announced today that it has initiated a broad based marketing program to support the company's Wing Way and Sobik's quick serve food brands. Additionally the Central Florida based company is set to unveil a new food brand targeting commercial and industrial centers. Since Mr. Tim Murray was appointed President of QRVS at the beginning of 2008 numerous operational, personnel and marketing changes have taken place.
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